6409 Maravian DrLouisvilleKY40258
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Louisville at 6409 Maravian Dr, Louisville, KY, 40258 generates $2,028/mo in rent and, after a $1,169/mo payment, leaves $574/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $6,892/yr on $79,195 invested. Return on cash invested sits at 28.61% in year one, and rental yield is 10.19% on a $238,900 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,004 over five years. Five-year ROI reaches 149.39% and total cumulative return in cash sums $118,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
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Listed by: Michael Todd Render • DREAM J P Pirtle REALTORS
Mls Name: GLARMLS
Mls ID: #1696154